http://www.thestreet.com/story/11468126/1/bats-global-flash-crashes-on-ipo.html
Anybody see that happen? First I've heard about it, but wasn't watching.
Anybody see that happen? First I've heard about it, but wasn't watching.
BATS IPO crash
- Thread starter johnnyqpublic
- Start date
I like the part of the article that says "We note that there were some trades executed at $0.00!"
Then when you look at the comments section some guy says "glad i sold my shares at 0.00 before they went negative"
OMIGOSH - BATS actually caused this imbalance....this just from CNBC.
This is likely due to their POOR QUALITY SOFTWARE from cheap INDIAN OUTSOURCING.
What a story !!! They have now PAID THE PRICE. BATS is dead...who could trust them ???
Mariott Corporation did the same thing with a similar disasterous outcome:
http://www.thedenverchannel.com/news/30113287/detail.html
Everyone loves software outsourcing, but BOTTOMLINE:
The quality really, REALLY SUCKS !
This is likely due to their POOR QUALITY SOFTWARE from cheap INDIAN OUTSOURCING.
What a story !!! They have now PAID THE PRICE. BATS is dead...who could trust them ???
Mariott Corporation did the same thing with a similar disasterous outcome:
http://www.thedenverchannel.com/news/30113287/detail.html
Everyone loves software outsourcing, but BOTTOMLINE:
The quality really, REALLY SUCKS !
This story has to be a lie.
Mary Schapiro fixed everything after the last Flash Crash.
Mary Schapiro fixed everything after the last Flash Crash.
